Fisker nyse Fsr Shares Slide Amidst Sudden Leadership Change

Fisker (NYSE: FSR) Shares Slide Amidst Sudden Leadership Change

Fisker (NYSE: FSR) stock dropped nearly 10% on Monday following the company’s immediate appointment of Angel Salinas as Chief Accounting Officer. Salinas will report directly to CFO Dr. Geeta Gupta-Fisker.

Salinas expressed enthusiasm about joining Fisker, stating,

“I’m excited to join Fisker at such an exciting point in its history and looking forward to working with executive leadership and the accounting team to help manage the continued rapid growth the company expects to experience in 2024 and beyond.”

Salinas brings over 20 years of experience from PricewaterhouseCoopers (PwC) to his new role at Fisker. At PwC, he held the position of Assurance Partner, serving as an audit signing partner for numerous clients. His responsibilities included overseeing audit teams across various countries, including the United States, Canada, India, Mexico, and Argentina. Throughout his tenure at PwC, Salinas specialized in handling complicated audit, compliance, and regulatory matters, leading large teams of accounting professionals.

Salinas is a graduate of the University of Houston and holds a CPA in Texas and Colorado. Following his recent Fisker appointment, he has moved from Texas to California.

Fisker (NYSE: FSR) shares declined by over 30% in the past five days.